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IoT, or the Internet of Things, is the power behind digital transformation. The applications and interconnectivity of devices could encourage a more efficient and costly way of running things, therefore, it is no wonder that Business Insider predicts that business spending will reach $6 trillion dollars by 2020.

We’re living in exciting times, the automotive industry is entering into a period of change and disruption not seen since the motor car first emerged out of Karl Benz’s garage. In the decades since, the car has undergone countless evolutions as the vehicle has been refined and perfected to the pinnacle of manufacturing we see today. However, what we are living through is revolution not evolution.

Mobile World Congress (MWC) 2017 has once again been jam-packed with huge mobile and tech announcements. The Barcelona event has seen some of the largest tech companies in the world gather to launch new devices and technologies. Here are some of the biggest announcements from this year’s show…

Apple has unleashed plans to make its own self-driving car. The company has finally acknowledged for the first time that it will be investing in autonomous technology in the near future.

The tech giant wrote a letter to the US National Highway Traffic Safety Administration, in which it said the company was "excited about the potential of automated systems in many areas, including transportation".

The past 12 months has seen significant progress in the sphere of car connectivity. And now a report from Publisher Research has revealed that connected car services are set to generate $14 billion in annual revenue by the end of 2016.

This forecast has been inspired by a variety of applications, with infotainment and telematics playing a huge part in the market. However, it has been predicted that connected driver assistance systems and autonomous driving applications will see the highest growth within the next three to four years.